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Responsibilities include: developing IT-specific category strategies, leading complex negotiations, contract formation, change management efforts, and directing cross-functional teams throughout the sourcing, contracting and vendor assessment processes. Specializes in the IT-related spend categories through the development of sourcing and save strategies as part of both short-term and long-term sourcing category plans. Oversees the execution of sourcing and procurement tasks, development and execution of business client reporting, and serves as coordination point for driving cross-functional category teams. Negotiate and implement strategic, market-based IT sourcing strategies - including professional services agreements, master service agreements, SOWs, purchase agreements, and NDAs; prepare contract summaries; work with members of the Legal department and other support groups such as Sourcing, Finance, HR, Risk and IT to ensure the timely completion of contracts that minimize risk and support optimal total cost of ownership objectives; analyze contract requirements, terms, and conditions to ensure compliance with company risk guidelines.
Essential Functions/Specific Duties:
Team lead for the development and execution of IT-specific category and contract requirements
Works with key IT business partners and senior leadership to understand strategic direction, supply requirements, business objectives and priorities in order to drive cost savings and efficiencies for the firm.
Effectively communicates contract requirements/market dynamics to IT business leaders ensuring alignment of IT strategies.
Drives thought leadership in the IT category by providing market and industry intelligence, innovation and best practices including third-party risk assessment.
Manages stakeholder and supplier engagement, effectively delegating activities and tasks to drive process to completion.
Supports integration of S2P strategy and IT business objectives by ensuring that legal and other support areas (ie: vendor risk, finance, etc.) inputs are considered in the development of IT and supply chain strategies
Supports accomplishment of company third-party/supplier risk assessment processes including
monitoring, control and mitigation.
Leads and promotes change management as required to ensure success in S2P activities.
Provides professional supplier contract review and recommendations.
Develops supplier and fact-based negotiation strategies to manage key supplier relationships.
Ensures Ditech interests are protected with sound contract terms and conditions. Integrates S2P strategy within the business and other functional strategy for departments by ensuring that all relevant inputs are considered in the development of department unit and S2P strategies.
Lead/conduct contract review of commercial business terms and work with Law Dept. on legal
terms; support contract negotiations.
Lead sourcing, complex negotiation/contracting process, and sourcing teams via matrix relationship.
Deliver contracts effectively and efficiently while protecting Ditech’s interests. Effectively communicate market dynamics to department unit leaders ensuring alignment of category strategies.
Support supplier risk assessment, performance and relationship management requirements to establish and maintain collaborative, long-term relationships with strategic suppliers across all assigned categories.
Support delivery of substantial cost benefits and advantage measured in annual total cost reductions.
Develop, communicate, present and deliver reports to management
Ensure appropriate controls and compliance are consistently applied throughout the supplier life-cycle.
The above description includes most significant duties performed. However, other occasional work assignments not mentioned are assumed to be included. Management reserves the right to assign and/or reassign duties and responsibilities at any time.
BS/BA Degree and MBA/JD Degree in business, finance, supply chain or related field (extensive and relevant work experience may be considered in lieu of MBA degree)
12+ years of relevant contract /sourcing/ legal experience for large-scale operation
Knowledge and experience of IT category and contracts development, negotiation and administration concepts and practices acquired through previous relevant experience preferably in a large scale mortgage or finance company
Demonstrated track record of success leading major strategic contract/sourcing and supplier management programs across a range of indirect/professional services categories.
Solid contract management and sourcing experience, with proven experience managing cross-functional and/or global teams in a highly matrixed environment. Relevant knowledge and experience working with contract management and workflow tools.
Excellent organizational, analytical, time management skills.
Excellent interpersonal, communication, presentation, negotiation skills with strong influencing and persuasive talents.
Self-motivated, takes initiative and has the ability to effectively organize, multi-task and prioritize a wide array of initiatives. Has an aptitude for innovation.
High integrity and ethics
Skills & Competencies:
This role requires ability to indirectly manage resources, as well as use influence and networking skills to facilitate communication and generate consensus across the company and across the business units and support functions in matters related to third-party goods and services including outsourcing.
This position will manage and negotiate all types of IT-related contracts including but not limited to; software, licensing, outsourcing and professional services agreements for products, services and solutions.
Ability to address controversial topics and to challenge assumptions, opinions, and
decision to ensure that actions taken are in the organization’s best interest.
Ability to foster an environment and practices that encourage and support integrity, collaboration and mutual respect.
Extensive knowledge and experience in current market, legal and regulatory terms and
requirements in the areas of IT procurement. Solid knowledge of project management methodologies.
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties as necessary.
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